UNIUSD - Horizontal For Bulls to MaintainA horizontal line that hodls promise for the bulls to maintain and pose a reversal
The lower dotted line is an extension line
See if it can be held on this daily timeframe
Support/Resistance Analysis
UNIUSD.P trade ideas
uni 3s up, 5s downStill looking for this asset to go lower. BUT first want to see a move away from the current price to keep the impulse on the lower degree valid. If it does invalidate the impulse down, would be looking for some sideways style correction. Only reached a bit past the .80 of the proposed wave A. but would still keep a flat as a possibility. If you have found this inspiring/helpful please consider a boost and follow! Also check out the links in my signature to get to know me better! Cheers!
UNISWAP - Let's Take a Good Look 🔍REPORT:
Uniswap facilitates the trading of tokens on the Ethereum network along
with its scaling solutions such as Optimism, Arbitrum, and Polygon. The
protocol is recognized as a pioneer among decentralized exchanges
(DEXs), first for its popularization of the X*Y=K constant product pricing
curve of pooled liquidity in V2 — and subsequently for its concentrated
liquidity and staggered trading fee features in V3. The constant product
pricing curve has since been implemented across many other DEXs in the
industry. The concentrated liquidity model and fee tiers continue to remain
relatively unique across DEX applications.
Q2 was heavily impacted by fears of market contagion. First, the LUNA
ecosystem crashed when the UST stablecoin depegged. A few weeks later,
concerns around price mismatching between ETH and its staked
equivalent, stETH, began to abound. Funds with large exposure to both bets,
particularly Three Arrows Capital (3AC), faced heavy losses. When the
crypto community realized the risk of insolvency among funds and
affiliated centralized lenders, investment sentiment turned negative, driving
down the market capitalization of cryptocurrencies from over $2 trillion at
the start of the quarter to $870 billion by the end of Q2.
Although the larger cryptocurrency market capitalization decreased more
than 50%, Uniswap trading volumes were only down 8.7% compared to the
previous quarter. This relative success is partly due to volatility being
beneficial for DEXs: they represent foundational infrastructure to the crypto
economy, and users require their services when prices are volatile. Another
important factor is the activity of arbitrage bots in the system. When users
flush out of the market, bots can represent up to 75% of all trading volume,
which is a healthy sign. DEXs have matured in the last two years to the point
where activity is driven by price efficiency instead of pure retail speculation.
Supplied liquidity on the DEX held up better than the overall market
capitalization as well. Liquidity fell 37.1% in Q2, arguably “outperforming”
crypto asset prices. This benchmarking is important since liquidity on the
DEX is heavily impacted by the price of the underlying tokens. Even
benchmarked against ETH, liquidity still held up well in Q2. ETH fell almost
70% during the same time period. Part of the impact of liquidity holding up
can be attributed to stablecoins on the exchange, but overall, continued
yield-generating opportunities highlights the resiliency of blue-chip DEXs
like Uniswap as a vital service for a functioning DeFi ecosystem
Lower trading volume correlates with lower fees. Fees across all networks
were 21.9% lower compared to the previous quarter. However, Optimism
had a great quarter. Liquidity provider (LP) fees grew 146.9% from $1.4
million to $3.5 million over the last 90 days. A big boost came from the
much-awaited release of Optimism’s OP governance token. Other rollups
should take note of the effects of the airdrop: certainly in the short term,
attention shifted towards the L2, and transaction activity on the rollup saw a
large uptick.
Meanwhile, the largest decline of fees generated occurred in Arbitrum, the
other Uniswap L2 scaling solution. Fees fell 35.9% in the quarter down to $3.6
million. The end result is a much closer comparison between Arbitrum and
Optimism. Whereas fees earned on Arbitrum were four times as much as
on Optimism in Q1, the $0.1 million difference between the two in Q2 was
negligible, highlighting once again how impactful the OP airdrop was in the
L2 scaling wars. Whether Arbitrum launches a token — and how that
impacts trading on Uniswap — remains to be seen.
A gloomier macroeconomic environment, geopolitical uncertainty, and
institutional liquidation all contributed to one of the worst quarters in the
industry’s history. However, Uniswap’s continued facilitation of billions of
trading activity proves the decentralized exchange model is here to stay.
Now armed with an investment team and NFT marketplace aggregator,
Uniswap is strongly positioned to further root itself as a pillar of the crypto
economy.
also: Unpacking Uniswap’s ‘Fee Switch’
A governance vote could give UNI token holders a slice of the exchange’s transaction fees. So what’s stopping them?
I tend to prefer AAVE in this section of the crypto space...but that;s just an opinion.
One Love,
The FXPROFESSOR
In this you can see the breakout of UNIusdt in chart As you can see the previous majors supports of the UNIusdt and the major resistense and the charts pattern as per my analysis you can manage you entry and exist of your trade if you daut on my analysis you can tell me whats is wrong and if can you are not taking trade of it plz at leat take a demo tarde
UNI Is Topping And Will Lose 80%+ In Upcoming CRASH.Uniswap was a real pump coin early on but since February its not done much. Looking for an 80% drop back to 0.5 log fib if it tops in this area. It may pootle up to $60 or so but it will crash shortly as the Bitcoin Titanic plunges into the abyss once again. Target is modest, price may go much lower.
Adding More Now $UNIUSDThis is not the time to go short when price has been depressed so long. I am picking up more and generally see a bull case for $BTC and other top cryptos. I think the smart money going to infuse cash into the crypto market and hard commodities like silver and gold have started to reflect it. Again treat any upside as a bear market rally, so don't go wild deploying new cash imo.
UNIUSD (4H) - Bearish reversalHi Traders
UNIUSD (4H Timeframe)
Waiting for the downward break of 6.00 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6.63 would cancel the bearish scenario.
Trade details
Entry: 6.00
Stop loss: 6.63
Take profit 1: 5.62
Take profit 2: 5.22
Score: 7
Strategy: Bearish reversal
UNI - Buying Back In Again 🚀UNI plenty of bullish divergence coming in having bounced twice off support now consolidating the 100MA though it looks like it may re-test support again.
Previous wave up was corrective but perhaps that was to make way for an impulsive move up much further.
If you like content like this and would like to see more I'm starting with video market coverage + educational probably on 24th September and do feel free to drop a comment if it interests you.
My status will change with details in a little while.
And do check link threads and see in the previous alt phase I bought UNI below $4 and sold above $9.
Not advice.
UNIUSD (1H) Bullish breakoutHi Traders
UNIUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 6.73 resistance level. Only the downward break of 6.44 would cancel the bullish scenario.
Trade details
Entry: 6.73
Stop loss: 6.44
Take profit 1: 6.91
Take profit 2: 7.20
Score: 7
Strategy: Bullish breakout
UNI - Breaking Out 🚀UNI breaking across the 4H50MA and will almost certainly close with candle body over for the first time since the high.
Also 4H RSI moving into upper quadrant for first time since the high.
I'm just buying the potential bounce, this is most likely not going to be a long term hold.
Not advice.
Uniswap (UNI) to $120On the above 2-day chart price action has corrected 85% since the sell signal back in March 2021. A number of reasons now exist to be long, including:
1) That lovely ‘incredible buy’ signal. Remember this is a 2-day chart. More data available to the probability indicator the stronger the signal.
2) The break of price action RSI resistance.
3) The higher low in price action confirming trend reversal.
4) Hidden bullish divergence. This occurs when a higher high in price action prints at the same time as a lower low in the oscillators. Very bullish. This is what a sure thing looks like.
5) The target price from the bull flag is $120. See chart bull flag break out below.
Is it possible price action falls further? Fur sure.
Is it probable? No.
Ww
Type: Trade
Risk: <=6% of portfolio
Timeframe: Not more than 6 to 9 months
Return: $120 or 18x
The target:
UNI - Taking ProfitStaggering out of UNI here but once this crosses the trendline it may turn south fast.
138% trade here from the lows and I even took profit and bought back in lower along the way.
There's still a chance this can have a sudden blow off top but the structure of this move is very corrective and it will be heading down soon enough I think along with everything else.
Not advice.
UNI UPDATEI think UNI has been an easy chart to guess and follow so far.
As I suggested in my previous update - after losing the trendline and the support at $8ish area. Price retested the area and gave a perfect entry for a short. (hope someone out there took the chance to make some money on this)
Now approaching another strong support area around $6.2 - $6.5. I'de be keen to see the reaction there. I think it would be a nice opportunity to long. Possible target around $8 again. Bu I would keep an eye open until price moves over $7.3
Lose the &6.2ish and price is going to the next level of support.
Obviously keep and eye on the big guy BTC to see how things are going.
As the decline started to possible new lows, we want to see LH and LL forming.
if you decide to long.. USE STOP ORDER! always play safe! ;)
DO NOT FOLLOW MY MOVE BEFORE YOU DO YOUR OWN RESEARCH, THIS IS AN IDEA - NOT A FINANCIAL ADVICE!!
UNI UPDATETrying to figure it out?? yeah me too..
So it's all relevant to what the big guy BTC will do.
Price is nicely moving within the range for the last few days.
Some really good opportunities for scalping there. Did you take advantage of this so far?? ;)
As we are approaching the range low again it is important to see if the price will bounce. Break the low and lose the trendline and we are probably heading to the next line of support i.. (if you want to short wait for confirmation)
if price starts moving up keep an eye on the EQ and then range high.. No idea if it will go for another heigh or double top. Will have to wait and see. TBH UNI is looking a bit tired in comparison to other alts but who knows.. (if you want to go long keep an eye on BTC as well before you jump in).
Price action has been really bad today... be cautious
Do not follow my moves before you do your own research, This is an ideas not a financial advice.. Play Safe!!
Uniswap Volume Hit BELOW $24 Billion TODAY Uniswap saw a further decrease in exchanging volume during the seventh month of the year because of diminished financial backer interest in computerized resources.
Uniswap arrived at a new low in July as the month ended up being one of the more terrible periods in the exchanging history of the decentralized trade (DEX).
The DEX kept about $37.8 billion in volume during the primary month of the second from the last quarter of 2022, as per Be Crypto Research.
While this worth might appear to be high because of the volume recorded by contending DEXs, for example, 1inch, SushiSwap, Curve, Balancer, dYdX, Loopring, Shibaswap, and Mooniswap, it was an 18% reduction from June. Uniswap volume for June was around $46.4 billion.
After arriving at a new low since it kept a volume of $32 billion in February 2021, Uniswap likewise saw a 4% drop year-over-year in exchanging volume from July of a year ago. In July 2021, Uniswap had an exchange volume in the locale of $39.8 billion.
Generally speaking, July's measurement was a $24.8 billion tumble from the yearly high of $62.7 billion in May. What caused the dunk in Uniswap volume?
An in general negative market that developed in May which acquired additionally ground in June, and reached out to July has been credited as the reason for the drop in the exchanging volume of Uniswap, decentralized trades, and unified trades (CEXs) all in all.
UNI cost response
UNI opened on July 1, with an exchange cost of $4.99, arrived at a month-to-month high of $9.74, tried a month-to-month low of $4.73, and shut the month at $8.37.
Generally, despite a decrease in exchanging volume, the moderately lower costs of tokens saw a 67% expansion between the opening and shutting cost of UNI in July.
